Mansel Street, Swansea

Per Annum £22,950

  • Size available

    Property size 1,916 sqft

Property Description

The subject premises comprises office accommodation situated over the first floor, which forms part of a multi-let three storey office block.

The premises is situated directly off the main high street along a prominent main road location along the edge of the prime retail area of Swansea City Centre. The unit can be accessed directly off the main pedestrian walkaway to the front via the main stairwell with an additional fire escape and shared w.c facilities to the rear.

The unit can be acquired on a suite-by-suite basis (on an all-inclusive rate) or alternatively as a whole on an exclusive basis.

Property Highlights

  • First floor offices subdivided into 5 no. office rooms
  • Net internal area – 178.00 sq.m (1,915.99 sq.ft.)
  • Let as a whole or individually (per office suite)
  • City centre location

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Astleys Commercial Office 01792 479850commercial@astleys.net Raglan House Charter Court Phoenix Way Enterprise Park Swansea SA7 9DD

  • Description

    The subject premises comprises office accommodation situated over the first floor, which forms part of a multi-let three storey office block.

    The premises is situated directly off the main high street along a prominent main road location along the edge of the prime retail area of Swansea City Centre. The unit can be accessed directly off the main pedestrian walkaway to the front via the main stairwell with an additional fire escape and shared w.c facilities to the rear.

    The unit can be acquired on a suite-by-suite basis (on an all-inclusive rate) or alternatively as a whole on an exclusive basis.

  • Location

    The subject premises is situated along Mansel Street, which is situated along the fringe of Swansea City Centre and within a short walking distance to the primary retail area of Oxford Street.

    The subject premises will also be located within the immediate proximity to the proposed Albert Hall development (by Loft Co.), which will include 800-capacity music and entertainment venue.

    The immediate area provides for a mixture of office accommodation for professionals such as Chartered Surveyors, Estate Agents, Accountants, Financial Advisers and Solicitors, as well as general retailing and residential accommodation.

  • Accommodation Comprises

    The property has been measured on a Net Internal Area (NIA) basis and provides the following approximate dimensions and areas:

    FIRST FLOOR

    Net Internal Area: 178.00 sq.m (1,915.99 sq. ft.)

    Office 1: 4.16m x 6.64m

    Office 2: 4.16m x 6.64m

    Office 3: 4.16m x 6.61m

    Office 4: 4.13m x 6.61m

    Office 5: 4.24m x 10.05m

    W.C. Facilities

  • Rates

    As stated on the VOA website the Rateable Value for the subject premises is as follows:

    Rateable Value (2017): £10,250

    We further advise that the subject premises appears to be listed under First Floor (No. 99).

    Rates relief for small businesses in Wales will apply up to 31st March 2020. Rates relief for small business with a rateable value up to £6000 will receive 100% relief and those with a rateable value between £6,001 and £12,000 will receive relief that will be reduced on a tapered basis from 100% to zero.

    From April 2018 the Welsh Government will set the multiplier according to the Consumer Price Index (CPI) and for the financial year 2022-22 the multiplier will be 0.535

    We advise that all enquiries should be made with the Local Authority Rates Department to verify this information. For further information visit www.voa.gov.uk

  • VAT

    All figures quoted are exclusive of VAT. Our client reserves the right to levy VAT on this transaction (if applicable).

  • Terms & Tenure

    Our client’s interest is available by the way of a new effective Full Repairing and Insuring Lease (under terms to be negotiated).

  • Viewing

    By appointment with Sole Agents:

    Astleys Chartered Surveyors
    Tel: 01792 479 850
    Email: commercial@astleys.net